This is being done out in the open (we’re reading the press announcement) and will be factored into valuations.

Also, investing in OpenAI means they get equity in return, which is not a worthless asset. There is actual mutually beneficial trade occurring.

what is OpenAI's durable, competitive advantage that differentiates it against the numerous other LLM providers? Investing at a $500bn valuation for a company that's losing money and has bad unit economics this seems rather aggressive.